Blueprint Negotiates Sale of 124-Bed Skilled Nursing Facility in Massachusetts for $12.8M

by Jeff Shaw

GARDNER, Mass. — Blueprint Healthcare Real Estate Advisors has arranged the $12.8 million sale of Gardner Rehabilitation and Nursing Center, a 124-bed skilled nursing facility in Gardner, approximately 60 miles northwest of Boston.

The seller took over the struggling property in 2013 and implemented a turnaround strategy. At the time of sale, the seller had achieved 94 percent occupancy. A regional operator was the buyer.

The sale price equates to $102,823 per bed. Steve Thomes was the lead advisor on the transaction.

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